Apple (NASDAQ: AAPL) grants director Alex Gorsky 1,139 RSUs in stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Gorsky Alex reported acquisition or exercise transactions in this Form 4 filing.
Apple Inc. director Alex Gorsky received an automatic grant of 1,139 restricted stock units (RSUs) under the Apple Inc. Non-Employee Director Stock Plan, as amended and restated. The RSUs were awarded at a price of $0.00 per unit, reflecting stock-based compensation rather than a market purchase.
Each RSU represents the right to receive one share of Apple common stock upon settlement. The filing states that 100% of these RSUs are scheduled to vest on February 1, 2027, assuming Gorsky continues his board service through that vesting date. Following this grant, he directly holds 1,139 RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Gorsky Alex
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 1,139 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit — 1,139 shares (Direct)
Footnotes (1)
- Automatic grant pursuant to the Apple Inc. Non-Employee Director Stock Plan, as Amended and Restated. Each restricted stock unit represents the right to receive, at settlement, one share of common stock. 100% of these restricted stock units are scheduled to vest on February 1, 2027, assuming continued service through the vesting date.
FAQ
What did Apple (AAPL) director Alex Gorsky receive in this Form 4 filing?
Alex Gorsky received a grant of 1,139 restricted stock units (RSUs) from Apple. These units are stock-based compensation awarded at no cash cost, giving him the right to receive an equivalent number of Apple common shares at future settlement.
When do Alex Gorsky’s Apple (AAPL) restricted stock units vest?
All 1,139 restricted stock units are scheduled to vest on February 1, 2027. Vesting is contingent on Gorsky’s continued service as a non-employee director through that date, aligning his long-term incentives with Apple’s performance and board tenure.
How many Apple (AAPL) restricted stock units does Alex Gorsky hold after this transaction?
Following this grant, Alex Gorsky directly holds 1,139 restricted stock units. The transaction summary shows these units as his total derivative securities after the award, representing potential future shares of Apple common stock upon settlement.
What does each Apple (AAPL) restricted stock unit represent for Alex Gorsky?
Each restricted stock unit represents the right to receive one share of Apple common stock at settlement. This means the 1,139 RSUs could convert into 1,139 Apple shares if vesting conditions are met and the units are ultimately settled in stock.
Under which plan were Alex Gorsky’s Apple (AAPL) RSUs granted?
The RSUs were granted automatically under the Apple Inc. Non-Employee Director Stock Plan, as amended and restated. This plan governs stock-based compensation for Apple’s non-employee directors, providing equity awards instead of cash-based compensation for board service.